Penrose, CO Residential land & home lots for sale

Updated: May 28

Penrose Land with Mountain Views

TBD Lot 1 County Road 132, Penrose, CO 81240

$179,900

40.02 AC lot

Large acreage (36+ acres) in a new development offers substantial space and exclusivity
Breathtaking panoramic mountain views of the Sangre de Cristo Mountains
Power on‑site and BLM access provides immediate utility and access to public lands
No covenants or HOA allows for freedom and flexibility in property use
Gently rolling grasslands suitable for various uses

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Updated: Jul 1

Penrose Land with Mountain Views

1374 C St, Penrose, CO 81240

$53,500

10.00 AC lot

10‑acre private, rural property in Penrose, Colorado.
Contiguous to residential listing at 358 13th Street, potentially creating a 40‑acre parcel.
Enjoy the 360‑degree mountain views.
Almost fully fenced and cross‑fenced, including some electric fencing.
Ready for grazing livestock.

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Land, Penrose, CO

Highway 115, Penrose, CO 81240

$799,000

162.76 AC lot

Waterfront Land · 162.76 Acres

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Rural Residential Lot With Views

83 Top Rail Trail, Penrose, CO 81240

$100,000

2.43 AC lot

A 2.43-acre residential lot in Top Rail Ranch Estates with underground utilities and mountain views.

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Private 10-Acre Parcel in Penrose

380 13th St, Penrose, CO 81240

$52,500

10.00 AC lot

10-acre parcel with mountain views, fenced for livestock grazing.

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Land, Penrose, CO

83 Top Rail Trail, Penrose, CO 81240

$100,000

2.78 AC lot

Residential land & home lots · 2.78 Acres

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Land, Penrose, CO

1284 Red Rocks Cir, Penrose, CO 81240

$179,900

37.20 AC lot

Land · 37.20 Acres

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Lots/Land

$400,000

83.54 AC lot

Land · 83.54 Acres

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Penrose, CO Residential Land & Home Lots Market Trends and Statistics

Explore 17 residential land & home lots for sale in Penrose, CO, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 21,262,943 square feet of properties for sale, with an estimated market value of $2,895,700.

Sale prices for home sites in Penrose, CO start at $52,500, averaging $170,335, and reaching up to $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
81240	$141.4K

Neighborhood

Average Price

81240

$141.4K